PROPERTY: Apartment complex in heart of Portlaoise goes up for sale

Newpark House Apartments, Newpark, Portlaoise, Co. Laois, R32XK88placeholder image
Newpark House Apartments, Newpark, Portlaoise, Co. Laois, R32XK88

Sale of Newpark House Apartments described as "a magnificent investment opportunity"

An apartment complex in the heart of Portlaoise has gone up for sale. Newpark House Apartments consists of three buildings laid out in a total of 17 units in a mix of one and two-bedroom units. 

Selling agents Hume Auctioneers says the residential portfolio offers "a magnificent investment opportunity". CONTINUE READING BELOW PHOTOplaceholder image
Selling agents Hume Auctioneers says the residential portfolio offers "a magnificent investment opportunity". CONTINUE READING BELOW PHOTO

"The properties are in good condition and will greatly benefit from further works. The main building Newpark House is one of the finest properties within Portlaoise and offers the option to retain as an investment opportunity or to revert to a magnificent period home," said the selling agents.

"The portfolio is generating a substantial rental income and present. Full planning permission has been obtained to greatly enhance the properties and create a secluded luxury portfolio from the existing buildings."

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